Finance Minister Ravi Karunanayake said that Sri Lanka has nearly 1.3 million three wheelers operating on the road and they are the most vulnerable to accidents.
“As such, to improve safety of the drivers as well as passengers, I encourage the replacement of three wheelers with electric cars,” he said.
As an initial step, the Government will within the Colombo district, extend its support by introducing a loan scheme to purchase 1,000 such electric cars, through banks, where the Government will bear 50 percent of the interest cost.
Karunanayake, during the 2017 budget speech, proposed that Rs. 200 million be allocated for this purpose. (Colombo Gazette)